MAIN vs. TRIN
MAIN (Main Street Capital Corporation) and TRIN (Trinity Capital Inc.) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 5 years, MAIN returned 13.03%/yr vs 21.17%/yr for TRIN. At a 0.47 correlation, their price movements are largely independent.
Performance
MAIN vs. TRIN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MAIN achieves a -11.24% return, which is significantly lower than TRIN's 37.03% return.
MAIN
- 1D
- 1.08%
- 1M
- 1.79%
- YTD
- -11.24%
- 6M
- -10.29%
- 1Y
- -5.90%
- 3Y*
- 17.92%
- 5Y*
- 13.03%
- 10Y*
- 12.84%
TRIN
- 1D
- 4.05%
- 1M
- 12.80%
- YTD
- 37.03%
- 6M
- 37.44%
- 1Y
- 55.25%
- 3Y*
- 29.05%
- 5Y*
- 21.17%
- 10Y*
- —
MAIN vs. TRIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MAIN Main Street Capital Corporation | -11.24% | 10.74% | 47.30% | 28.22% | -11.37% | 45.21% |
TRIN Trinity Capital Inc. | 37.03% | 16.01% | 14.83% | 53.97% | -26.60% | 36.20% |
Correlation
The correlation between MAIN and TRIN is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2021 | 0.47 |
Over the past year, MAIN and TRIN have become more correlated (0.68) than their long-term average of 0.47, meaning their price movements have been converging.
Fundamentals
MAIN:
$4.67B
TRIN:
$1.48B
MAIN:
$5.21
TRIN:
$1.99
MAIN:
9.90
TRIN:
8.91
MAIN:
6.58
TRIN:
4.97
MAIN:
1.51
TRIN:
1.27
MAIN:
$704.17M
TRIN:
$276.05M
MAIN:
$499.08M
TRIN:
$219.75M
MAIN:
$396.90M
TRIN:
$195.35M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MAIN vs. TRIN — Risk / Return Rank
MAIN
TRIN
MAIN vs. TRIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Main Street Capital Corporation (MAIN) and Trinity Capital Inc. (TRIN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MAIN | TRIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.85 | ||
| Sortino ratioReturn per unit of downside risk | -3.66 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.44 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 3.70 | -3.97 |
| Martin ratioReturn relative to average drawdown | -0.50 | 9.32 | -9.82 |
Loading charts...
Drawdowns
MAIN vs. TRIN - Drawdown Comparison
The maximum MAIN drawdown since its inception was -64.53%, which is greater than TRIN's maximum drawdown of -43.12%. Use the drawdown chart below to compare losses from any high point for MAIN and TRIN.
Loading charts...
Drawdown Indicators
| MAIN | TRIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.53% | -43.12% | -21.41% |
Max Drawdown (1Y)Largest decline over 1 year | -22.43% | -14.99% | -7.44% |
Max Drawdown (3Y)Largest decline over 3 years | -22.43% | -15.58% | -6.85% |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | -43.12% | +16.06% |
Max Drawdown (10Y)Largest decline over 10 years | -64.53% | — | — |
Current DrawdownCurrent decline from peak | -18.53% | 0.00% | -18.53% |
Average DrawdownAverage peak-to-trough decline | -7.33% | -8.84% | +1.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.87% | 5.94% | +5.93% |
Volatility
MAIN vs. TRIN - Volatility Comparison
The current volatility for Main Street Capital Corporation (MAIN) is 4.75%, while Trinity Capital Inc. (TRIN) has a volatility of 8.33%. This indicates that MAIN experiences smaller price fluctuations and is considered to be less risky than TRIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MAIN | TRIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.75% | 8.33% | -3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 20.18% | 16.90% | +3.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.94% | 21.27% | +3.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.56% | 26.81% | -5.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.31% | 27.03% | +0.28% |
Dividends
MAIN vs. TRIN - Dividend Comparison
MAIN's dividend yield for the trailing twelve months is around 8.32%, less than TRIN's 19.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAIN Main Street Capital Corporation | 8.32% | 7.00% | 7.02% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.49% | 7.42% | 9.15% |
TRIN Trinity Capital Inc. | 19.93% | 13.92% | 14.10% | 14.04% | 21.32% | 7.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MAIN vs. TRIN - Financials Comparison
This section allows you to compare key financial metrics between Main Street Capital Corporation and Trinity Capital Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MAIN vs. TRIN - Profitability Comparison
MAIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Main Street Capital Corporation reported a gross profit of 0.00 and revenue of 140.11M. Therefore, the gross margin over that period was 0.0%.
TRIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trinity Capital Inc. reported a gross profit of 66.05M and revenue of 83.32M. Therefore, the gross margin over that period was 79.3%.
MAIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Main Street Capital Corporation reported an operating income of 0.00 and revenue of 140.11M, resulting in an operating margin of 0.0%.
TRIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trinity Capital Inc. reported an operating income of 61.68M and revenue of 83.32M, resulting in an operating margin of 74.0%.
MAIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Main Street Capital Corporation reported a net income of 90.82M and revenue of 140.11M, resulting in a net margin of 64.8%.
TRIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trinity Capital Inc. reported a net income of 45.52M and revenue of 83.32M, resulting in a net margin of 54.6%.
Frequently Asked Questions
MAIN and TRIN have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRIN has higher volatility (8.33%) compared to MAIN (4.75%). In terms of maximum drawdown, MAIN dropped -64.53% vs TRIN's -43.12%.
TRIN currently has the higher Sharpe Ratio (2.62 vs -0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MAIN and TRIN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer